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Thread: Cosmos property

  1. #1
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    Cosmos property

    I understand Beaches bought the property... any movement on development?

    Pictures would be useful!

  2. #2
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    Re: Cosmos property

    Sorry to hear that it didn't stay locally owned. It's unlikely to stay in it's former traditional food, well prepared in a rustic setting. Heart breaking.
    We're all in this together and none of us is getting out alive.

  3. #3
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    Re: Cosmos property

    Quote Originally Posted by Marblehead View Post
    Sorry to hear that it didn't stay locally owned. It's unlikely to stay in it's former traditional food, well prepared in a rustic setting. Heart breaking.
    A Jamaican purchased the property.

  4. #4
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    Re: Cosmos property

    That's encouraging, Bnewb!
    We're all in this together and none of us is getting out alive.

  5. #5
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    Re: Cosmos property

    is it butch stewart ?

  6. #6
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    Re: Cosmos property

    Yes, it is! Well, technically his son Adam now...
    Negril.com - For the vacation that never ends!

  7. #7
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    Re: Cosmos property

    Yes pine tree john THAT "Butch" Stewart: For more than three decades Gordon 'Butch' Stewart was said to be "The man called the 'King of All-Inclusive Resorts' and the 'Master of Marketing', has blazed a trail of far-reaching entrepreneurship, spearheading two-dozen diverse companies that are collectively Jamaica's largest private sector group, the country's biggest foreign exchange earner, and its largest non-government employer.

    This focuses on the subsidies from Jamaican taxpayers, which is fair, but to say that Sandals or some other hotel in Jamaica should benefit is the exact opposite of the argument made when Butch Stewart owned Air Jamaica before it fell into bankruptcy the airline that he was using to benefit his hotel chains and his pals!
    You can't have it both ways.

    I hope Cosmo was a good bargainer!!! His property was prime real estate, a place where tourists and Jamaican's alike could visit, eat, drink, swim and be happy for a fair sum. Time will tell what the Stewart Family does with the sacred legacy that was???

  8. #8
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    Re: Cosmos property

    Like Joni Mitchell said -
    They paved paradise & put up a AI
    ...sorry that's a parking lot

  9. #9
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    Re: Cosmos property

    Yes, it is THE Stewart family that created the Sandals Foundation. Recently they have been involved with:

    SANDALS FOUNDATION HELPS NEARSIGHTED STUDENT TO LOOK AHEAD
    Negril, Westmoreland: According to child development experts, in first grade, children transform into true readers. They read a variety of […]

    Free one stop Health Fair for deep rural community of Grants Bailey
    The deep rural community of Grants Bailey came alive last Thursday as a team from Sandals Foundation joined with the […]

    PRAYERS ANSWERED FOR WHITEHOUSE ECI
    Whitehouse, Westmoreland, March 31, 2017– Happy days lie ahead for the students of the Whitehouse Early Childhood Institute (ECI) in […]

    Jul 4 2017 Sandals Foundation boost for National Junior Golfers

    Jun 30 2017 LLANDILO ANSWERS RESIDENTS’ NEEDS WITH FREE HEALTH FAIR

    Jun 30 2017 Game Changer Programme forges new Partnership to benefit youth in time for the Summer

    Jun 30 2017 THE SANDALS FOUNDATION AND SCHOLASTIC BOOK FAIRS ENCOURAGE READING TO PREVENT THE “SUMMER SLIDE”

    Jun 13 2017 Sandals Foundation forges Partnership for Coral Conservation efforts in St. Lucia

    May 30 2017 CEDELLA MARLEY EMPOWERS WOMEN ACROSS THE CARIBBEAN WITH SPECIAL VERSION OF ‘COULD YOU BE LOVED’

    To find out more what the Sandals Foundation does such as building schools, please check out:

    https://sandalsfoundation.org
    Negril.com - For the vacation that never ends!

  10. #10
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    Re: Cosmos property

    Johng,

    I think you may want to brush up a bit on the history of Air Jamaica. Air Jamaica lost money 40 out of its 42 years of existence, amounting to about $1.54 billion.

    Stewart along with Canadian investors owned part of it for only 10 of those 42 years (1994-2004). I flew Air J many times during that decade, and loved their US$50 Negril to Kingston flights. I never once felt obligated to go to any Sandals property and had no connection to Sandals whatsoever. Could you please present some facts to back up your claim, "before it fell into bankruptcy the airline that he was using to benefit his hotel chains and his pals!" ?

    Air Jamaica, originally British owned Jamaica Air, was never a profitable venture. The Jamaican government divested and reinvested several times when it was losing money and investors. This is a Caribbean issue as this Barbados article states:

    https://barbadosfreepress.wordpress....-be-necessary/

    Here is the first readers comment from 2008:

    "Rohan on June 15, 2008 at 2:23 pm
    Agreed. It’s the same here in the U.S.
    Gov’t bail out->Airline resurgence-> Airline mismanagement->Airline Bankruptcy->Gov’t Bail out
    and the cycle continues.
    There has only been one consistently profitable airline and that’s Southwest: No frills, no first class, no assigned seating, only fly one type of plane for the cost efficiency, and treat your employees well. It’s not rocket science.
    Oh well.."

    And here is a Gleaner article from 2008 explaining the situation as it was then:

    http://old.jamaica-gleaner.com/glean...business7.html
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